bp oil disaster
As oil continues to spill from a secondary leak at a Royal Dutch Shell (NYSE: RDS.A) offshore drilling operation in the North Sea, questions are resurfacing regarding the safety of deepwater oil exploration and development.
Although the oil leak has been capped and media coverage has tapered off, BP's oil spill in the Gulf of Mexico is still wreaking havoc on the residents of the Gulf states.
An independent panel of technical experts released its interim report today, finding that BP and its contractors ignored clear warning signs foretelling the disaster at BP's Macondo well in the Gulf of Mexico.
It is official, BP (NYSE:BP) has relieved Tony Hayward from his position as Chief Executive of the company.
After days of speculation, it appears BP's Board of Directors is set to replace Tony Hayward as CEO of BP plc (NYSE:BP).
The atrociousness of BP's handling of the black tide it has pumped into the Gulf becomes more audacious by the day. Today, John Aravosis has revealed that the company has published a fake photo of its crisis response center on the BP website.
The details of BP's oil disaster in the Gulf of Mexico have been murky at the best of times, and it appears they will remain this way as BP is trying to control scientific research of the oil leak's ecological impact.
BP has placed a new cap on its LMRP containment system. Currently the company is conducting critical tests to see whether the new cap will be able to finally stop the flow of oil gushing into the ocean.
High-level Republicans cannot seem to figure out how to frame the BP oil disaster in a positive light for themselves and their party.





